SPP opens lines of communication with western reliability-coordination customers with new stakeholder forum
Following its June 5 announcement that SPP would look to provide reliability-coordination services in the Western Interconnection, the regional transmission organization (RTO) and North American Reliability Corporation (NERC)-certified Reliability Coordinator (RC) convened Aug. 2 with interested parties at the first meeting of its new Western Reliability Working Group (WRWG).Read More
SPP board directs construction of high-voltage transmission projects in 6 states, discusses growth in the west, hears stakeholder reports
More than a hundred of Southwest Power Pool’s (SPP) members and stakeholders gathered in Omaha on July 31 for the regional transmission organization’s (RTO) quarterly board of directors and members committee meeting. Among other actions, the board approved the 2018 Integrated Transmission Plan Near-Term (ITPNT) Assessment, requiring SPP members to construct 13 new transmission projects in six states over the next five years, at an estimated total investment of $47 million. These upgrades are expected to resolve 101 anticipated reliability needs on the electric grid, resulting primarily from increased electric consumption expected in certain areas of the region and from announced generation retirements in eastern Kansas and western Missouri.Read More
Spring 2018 Quarterly State of the Market Report highlights load changes, energy prices and auction revenue rights
The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its Quarterly State of the Market Report for the spring 2018 period, which covers March through May 2018. Highlights for the period include:
• Higher load due to lower than normal temperatures in March and April, and much higher than normal temperatures in May.
• Energy prices remained low, with spring prices averaging around $23/MWh.
• Decrease in intervals that experienced negative energy prices.
• A discussion of auction revenue rights is included in the special issues section of the report.
Southwest Power Pool (SPP) looks to bring its experience as a time-tested grid operator to the Western Interconnection with plans to offer reliability-coordination (RC) services there beginning in late 2019. SPP has indicated its intent to serve as an RC in the west in letters to the Western Electricity Coordinating Council (WECC) and North American Electric Reliability Corporation (NERC). Twenty-eight western utilities — representing approximately 200 terawatt-hours of net energy for load — have already signed letters of intent expressing interest in SPP’s RC services.Read More
Southwest Power Pool, Inc. (SPP) is accepting applications to create a pool of industry experts. These experts may be chosen to serve on an independent panel to review competitive transmission construction proposals in 2019.Read More
SPP Market Monitor’s Annual State of the Market Report shows competitive markets, recommends steps for enhanced flexibility and efficiency
The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its 2017 Annual State of the Market Report. The report presents an overview of market design and market outcomes, assesses market performance and provides recommendations for improvement.Read More
Winter 2018 Quarterly State of the Market Report highlights congestion trends, energy prices, a discussion of winter weather events, and more
The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its Quarterly State of the Market Report for the winter 2018 period. Highlights for the winter include:
• Energy prices remained low, with winter prices averaging around $24/MWh.
• Gas prices remained low, with the exception of a spike in January.
• High levels of congestion continued at the Neosho-Riverton constraint.
Southwest Power Pool, Mountain West Transmission Group move closer to RTO membership for western entities
On March 13, Southwest Power Pool’s (SPP) board of directors approved the next phase of the continuing effort to integrate the Mountain West Transmission Group into the regional transmission organization’s (RTO) membership. The board’s vote is the culmination of more than a year of negotiations regarding the terms and conditions of Mountain West’s proposed membership in the SPP RTO and participation in SPP’s wholesale electricity markets. It represents a vote of confidence in the value of Mountain West’s membership and the benefits it will bring to SPP’s existing members, the Mountain West entities and the customers served by both.Read More
Fall 2017 Quarterly State of the Market Report highlights energy pricing trends, generation by wind resources, a discussion of negative prices and more
The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its Quarterly State of the Market Report for the fall 2017 period. Highlights for the fall include:
Energy prices were low, with October prices averaging around $18/MWh.
- Gas prices remained low and even.
- The percentage of generation provided by wind resources continued to climb, while generation provided by coal-powered resources continued to decline.
- Negative prices increased in the SPP market in 2017, which is highlighted in the special issues section of the report.